CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 27.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,085 shares of the company’s stock after acquiring an additional 1,967 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in CrowdStrike were worth $2,548,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth approximately $25,000. Family Firm Inc. acquired a new position in CrowdStrike during the 2nd quarter valued at approximately $30,000. Itau Unibanco Holding S.A. bought a new position in CrowdStrike during the 2nd quarter worth $33,000. Unique Wealth Strategies LLC acquired a new stake in CrowdStrike in the second quarter worth $36,000. Finally, Trivant Custom Portfolio Group LLC bought a new stake in CrowdStrike in the first quarter valued at $30,000. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CRWD shares. UBS Group lowered their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Needham & Company LLC initiated coverage on shares of CrowdStrike in a research report on Monday, September 23rd. They issued a “buy” rating and a $360.00 target price for the company. Stifel Nicolaus cut their price target on CrowdStrike from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Argus decreased their price objective on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a report on Friday, August 30th. Finally, Robert W. Baird cut their target price on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $328.74.

CrowdStrike Trading Up 1.7 %

CrowdStrike stock opened at $304.47 on Friday. CrowdStrike Holdings, Inc. has a 52 week low of $170.17 and a 52 week high of $398.33. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market capitalization of $74.10 billion, a price-to-earnings ratio of 574.47, a P/E/G ratio of 19.94 and a beta of 1.10. The company has a 50 day moving average price of $279.73 and a 200 day moving average price of $308.09.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. CrowdStrike’s revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.06 earnings per share. Research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $320.38, for a total value of $2,002,375.00. Following the completion of the sale, the director now directly owns 821,766 shares of the company’s stock, valued at $263,277,391.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of $320.38, for a total value of $2,002,375.00. Following the transaction, the director now directly owns 821,766 shares of the company’s stock, valued at approximately $263,277,391.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock valued at $30,529,413 in the last 90 days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.